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Icahn says he might buy more eBay shares

NEW YORK (Reuters) - Activist investor Carl Icahn said in an interview on Thursday that eBay Inc stock is undervalued and that he might buy more shares. Icahn, who controls 2.15 percent of eBay shares, said he does not expect another proxy fight with eBay once his confidentiality agreement with the e-commerce company ends next year. Icahn on Thursday withdrew his nominees for the board, as well as his proposal that eBay sell off its PayPal unit. (Reporting by Nadia Damouni and Phil Wahba in New York)

EBay, Icahn settle proxy fight; Icahn withdraws proposal that PayPal be spun off from eBay

SAN JOSE, Calif. - Ebay and billionaire activist investor Carl Icahn have settled their proxy fight ahead of the company's annual meeting. Icahn and eBay had been in an acrimonious tussle over PayPal, the e-commerce company's quickly growing mobile payment arm. Icahn, who owns about 2 per cent of eBay's shares, said repeatedly the company should spin off all or part of PayPal, while eBay has said the company is better as a whole. Icahn has also criticized the company's directors including CEO John Donahoe.

eBay ends Icahn dispute with board appointment

Online retail giant eBay said Thursday it had reached a deal with activist investor Carl Icahn, who had demanded a spinoff of the payment division PayPal. Icahn, who had been leading a campaign to split up the ecommerce giant, reached a deal with eBay that calls for the naming of a new independent member of the board of directors. The company said it agreed to Icahn's suggestion to appoint former AT&T chairman and chief executive David Dorman as an independent director.

EBay, Icahn settle proxy fight; Icahn withdraws proposal that PayPal be spun off from eBay

SAN JOSE, Calif. - Ebay and billionaire activist investor Carl Icahn have settled their proxy fight ahead of the company's annual meeting. Icahn and eBay had been in an acrimonious tussle over PayPal, the e-commerce company's quickly growing mobile payment arm. Icahn, who owns about 2 per cent of eBay's shares, said repeatedly the company should spin off all or part of PayPal, while eBay has said the company is better as a whole. He has also criticized the company's directors including CEO John Donahoe.

EBay founder defends company plan to retain PayPal against advice of investor Carl Icahn

NEW YORK, N.Y. - EBay's founder Pierre Omidyar on Thursday said billionaire investor Carl Icahn's claims that the company is not operating in the best manner for shareholders aren't merited.

EBay responds to Icahn's letter, says that it plans to stick with PayPal business

NEW YORK, N.Y. - EBay and activist shareholder Carl Icahn are continuing their war of words over PayPal. The billionaire has been pressuring the e-commerce company to spin off the online payment business. But eBay has said it's not interested in separating its fastest growing segment. On Monday, Icahn said in a blistering letter to shareholders that eBay's "complete disregard for accountability at eBay is the most blatant we have ever seen" and called out two directors and the CEO specifically for "lapses in corporate governance."

Icahn says Actavis-Forest deal validates shareholder activism

By Toni Clarke (Reuters) - After a nearly three-year campaign at Forest Laboratories Inc <FRX.N> that spanned two proxy battles and the ousting of a chief executive, billionaire activist investor Carl Icahn has once again ended up on top. The proposed $25 billion acquisition of Forest Labs by generic drug maker Actavis Plc <ACT.N> is the biggest deal yet to emerge from Icahn's many forays into healthcare.

Icahn says bylaw amendments on directors undercut shareholder rights

By Sam Forgione NEW YORK (Reuters) - Corporate bylaw amendments that prohibit a prospective board member from gaining a board seat if the person receives compensation from a shareholder undermine shareholders' rights, activist investor Carl Icahn said on Wednesday. Icahn, in a posting on his website, said that 33 public companies had adopted such a bylaw amendment without shareholder approval as of late November.

Icahn calls for return of Glass-Steagall: FOX Business

(Reuters) - Billionaire activist Carl Icahn, who has been making headlines with his epic battle with Apple Inc., might have another one on his hands - this time with his banker friends. In an interview with FOX Business Network on Tuesday, Icahn called for the reinstatement of the Glass-Steagall Act, which separated investment banks and commercial banks.

Icahn gives up Apple buyback plan after ISS urges 'no' vote

By Jennifer Ablan (Reuters) - Billionaire activist investor Carl Icahn has backed off from his campaign urging Apple Inc to increase its stock buybacks, citing the company's recent repurchases as well as an influential proxy adviser's call against his proposal. In a letter to Apple shareholders on Monday, Icahn wrote he was ditching his non-binding proposal to force Apple to add another $50 billion to its stock buyback plan, "especially when the company is already so close to fulfilling our requested repurchase target."
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